§ 91528
48 words·~1 min read·
/ca/government-code/91528A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
An authority shall not have the power to operate any facility as a business, except in the event of a default on any bonds, through a trustee, for the minimum reasonable time needed to sell or otherwise dispose of the facility in accordance with the resolution or indenture.